Polygon to Distribute Nearly $1.4B of Unclaimed MATIC to Teams, Foundations and Pledgees

Aug 02,2022
KingData News: Polygon's official Telegram channel announced that the 1,386,609,632 MATIC tokens unlocked since April 21 of last year have gone unclaimed and will be claimed by the Polygon Foundation within the next 24 hours. 640 million MATICs will be allocated to the team and will be pledged directly by the co-founders once claimed; 546 million MATICs will be allocated to the Foundation and the team will update the community in advance on the movement of the Foundation's wallet; and 200 million MATICs will be allocated to pledge rewards for the period May 2021 to December 2021.
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